KELINGTON GROUP BERHAD
Long
Mis à jour

KGB - Potential Inversed Head & Should

262
Comment :
1) TrendX+ indicator - candlestick wandering above trend line , mid-term uptrend

2) DDX+ indicator - fund candlestick is above zero-axis, overall inflow of fund

3) MCDX+ indicator - strong, banker bar has increased to 58% while retailer bar (turquoise) has vanished since 12th August

4) KGB broke out Neckline A on 16th August with large spike in volume. Looking forward KGB to reach our TP at 1.550

Support & Resistance :
R : 1.550

Remark :
- Length of ab=cd


DISCLAIMER :
Analysis above SOLELY for case study purpose, not a PROFESSIONAL ADVISE. This analysis does not provide any trading advise and buy or sell. Trade at your own risk. Trade only after you have acknowledged and accepted the risks involved.
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